Happy weekend, I have 2 hedge trades that are crushing it this past week. One is $555 SPY puts cost me around $500 and worth over $10,000 as of Friday's closing (2 contracts) I also have a black swan hedge trade and if $SPY breaks $500 in the next 85 I can seriously see this bet turn into $100,000 profits. Yes, I also have 7 open trades that don't look good but those 2 hedges cover everything and much more. If you don't know how to hedge, check the classroom area and take the course. That one video of 25 minutes could change your financial life. (plus all other trade strategies I do) Surviving long-term means you have to win during bear markets and this is my way. Now, I will close the $555 puts tomorrow morning because I think a small relief rally will come in once SPY touches $500 as many algo auto buys will kick in. This could fade real quick but just in case I'll lock in a 10k profit and be happy. The real money comes from the black swan hedge that happens every couple of years and it's better to be prepared than lose everything if your strategy is long only. Check the classroom area, take the $297 one-time-only course, and learn how to hedge for times like this. All the best, Ziv